Uber Pivots to Direct Fleet Ownership With $10 Billion Autonomous Vehicle Commitment

Uber has committed over $10 billion to acquire thousands of autonomous vehicles, abandoning its traditional asset-light model for direct fleet ownership and operation. The investment centers on purpose-built Volvo XC90 vehicles configured with sensor arrays and interior fish-eye cameras. The shift reflects growing confidence in autonomous technology maturity and suggests ride-hailing companies increasingly favor vertical integration over technology partnerships for robotaxi deployment.